I received the same email and it is going to cost me some money as i have invested in a few of these companies ( not this one tho ) , so i will lose just on trading fees alone not including losses and tax paid on profits by others I feel anyone affected needs to bombard IG and persue legal action against them and ask for answers from ASX and possibly ASIC to see the legalities of this decision I feel it was a very poor email as all correspondence normally uses ASX stock codes with company names and this also gave no reason for the decision or real alternatives, it feels like someone has just made an uninformed ethical decision This decision will affect all companies involved share prices and all traders involved in these companies weather trading with IG or not everyone affected needs to take action against this as it could have implications in other areas in the future
CPH Price at posting:
44.0¢ Sentiment: None Disclosure: Not Held